Ben Around

Ford Shareholders Face High Potential for Pain

The writer failed to mention his position in Ford stock. I assume he is short.

He failed to include the class B shares held by the family and the fact that a bankruptcy would wipe them out. He also forgot about the 6.5 mil shares held by Kerkorian.

I look at Ford as a long term buy with a very low probability of a chapter 11. The issue is to find a good entrypoint. I would expect to see F test the 4.5 point in the future and that would be a good time to buy and hold.